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A study in Illinois in the mid-1990s found that 65 percent of businesses were hurt by the proximity of gambling
John Warren Kindt
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John Warren Kindt
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More quotes by John Warren Kindt
And as far as jobs go, for every one job that the casino creates, one is lost in the 35-mile feeder market
John Warren Kindt
$60,000 spent in a consumer economy multiplies by respending into $180,000
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Movies and Disney World don't create addicts
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Legalized gambling cost taxpayers $3 for every $1 in state revenue to government
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State-sponsored gambling produces no product, no new wealth, and so it makes no genuine contribution to economic development
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Your social costs, your costs to the taxpayers, are $3 for every $1 of benefits, it's not good economic development
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There would be economic disruption in Omaha from expanded gambling...You would just be moving Chernobyl closer to the population center
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My bottom line is this is no time to be gambling with our economy
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If you want your 401k to come back, recriminalize gambling
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The socio-economic impact of gambling addiction is comparable to drug and alcohol addiction
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Legalized gambling is the leading cause of bankruptcy
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Lotteries boost state revenues in the short run but don't feed the economy in the long run
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Gambling is being subsidized by the taxpayers
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Bankruptcies increase 18 percent to 42 percent above the national average
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Studies in Australia have verified this drain on the economy by video gambling machines
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Gambling interests hire lots of economists to do impact studies, but what you need is cost-benefit analysis, and you'll never see the industry finance those
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If gambling were banned, those social costs would drop, tax revenues from consumer goods would increase, and money would be pumped into the productive economic sector
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People will spend a tremendous amount of money in casinos, money they normally would spend on refrigerators or a new car. Local businesses will suffer because they'll lose consumer dollars to casinos.
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The gambling interests like to point to the construction jobs, but those jobs go away
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You bring in gambling into a major population base, and the more people you have going into a casino, the more people you have hooked on gambling
John Warren Kindt